Vista Equity Partners, a leading global investment firm focused exclusively on enterprise software, data and technology-enabled businesses, today announced that each of its majority-owned portfolio companies have agreed to measure greenhouse gas (GHG) emissions, set a GHG reduction target and offset GHG emissions on an annual basis, as part of the Vista Climate Pledge.
Vista is among the first major U.S. private equity firms to accelerate the transition to a net zero economy. Today’s announcement establishes one of the most comprehensive portfolio-wide programs and approaches to measuring emissions in the private equity industry — affirming Vista’s support of its portfolio as it endeavors to effect climate change.
By committing to the Vista Climate Pledge, all majority-owned companies that joined the Vista portfolio before July 1, 2021, have agreed to:
- Measure 2020 and 2021 GHG emissions by July 1, 2022;
- Set a GHG reduction target by December 31, 2022;
- Reduce GHG emissions annually; and
- Offset 2021 GHG emissions
Read more: Business Wire
